Template

Property management agreement template

Contract between owner and property manager defining scope, fees, and term.

When to use this template

Contract between owner and property manager defining scope, fees, and term.

Key fields

  • Parties
  • Scope of services
  • Fees
  • Term and termination
  • Trust-account terms
  • Reporting cadence

Who typically uses it

PMCs onboarding a new owner.

How to fill it in

Cover the parties and properties, the scope of services and what falls outside it, the fee structure including leasing and renewal fees, spending authority and the threshold above which the owner is consulted, trust-account handling, reporting cadence, insurance, term, and termination on both sides.

Common mistakes

Leaving spending authority and reporting cadence vague is what produces most owner disputes. This is a commercial contract, and management activity is licensed in many states — have it reviewed by a licensed professional in your jurisdiction rather than relying on a template.

State-specific notes

State-specific rules apply — always confirm the notice period, required disclosures, and format your state requires. See our landlord-law pages for state-by-state notes.

FAQ

Frequently asked

Is this template legally valid everywhere?

Templates are general starting points. State-specific rules apply and should be confirmed with a licensed professional in your jurisdiction.

Can I use this in Ayillo?

Yes. Ayillo generates the equivalent document from your property, lease, or resident record with the correct state-specific defaults.

Related resources

Keep exploring

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